Strategically located at the side of the National Highway No. 320 and the Jiaxing-Huzhou Expressway, EC World REIT’s port logistics assets are coveted assets with prime access to the Beijing-Hangzhou Grand Canal which has been zoned UNESCO Heritage Site. The UNESCO Heritage Site zoning hinders any construction of new ports along the canal, intensifying demand for such quality port operations. Chongxian Port Investment Strategically located in north of Hangzhou, on the east bank of the Beijing-Hangzhou Grand Canal, Chongxian Port Investment is one of the key inland port operations in the China. It is one of the largest inland ports in Hangzhou in terms of the total number of berth and the scale of annual throughput, contributing income to the portfolio. It is a large and comprehensive logistics complex that integrates, inter alia, port operation, storage processing and logistics distribution for steel products and is currently leased to the port operator, a subsidiary of the Sponsor. PORT LOGISTICS Property Information (As at 31 December 2024) Net Lettable Area (sqm) 102,560 Land Use Expiry 30 December 2055 Purchase Consideration (RMB million) 1,682.1 Valuation (RMB Million) 951.0 Committed Occupancy 92.2% Key Tenant Hangzhou Shunjie Warehousing Co., Ltd. WALE (by NLA) 0.9 WALE (by Gross Rental Revenue) 1.0 ANNUAL REPORT 2024 27 PROPERTY PORTFOLIO OVERVIEW
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